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<p>[QUOTE="Conder101, post: 1553785, member: 66"]I don't agree, sniping can be neutral or even beneficial. Say you have a coin worth $200 and it is sitting early at $25 and I have a $200 snipe bid set. If no one else bids I win at a very cheap price but you can't really blame the low price on the fact I used a snipe bid. But say there are two of us out there with snipes, say one at $190 and one at $200. Now it is coming up on the end at that $25. Because of that other snipe bid it is going to jump to that $200 value. If on the other hand we had been slugging it out back and forth one of us might have gotten cold feet and dropped out early. The snipe bid means that we have to commit to the maximum amount and can't have second thoughts.</p><p><br /></p><p><br /></p><p>They can't change the lsting, but they can always add additional information to the listing.[/QUOTE]</p><p><br /></p>
[QUOTE="Conder101, post: 1553785, member: 66"]I don't agree, sniping can be neutral or even beneficial. Say you have a coin worth $200 and it is sitting early at $25 and I have a $200 snipe bid set. If no one else bids I win at a very cheap price but you can't really blame the low price on the fact I used a snipe bid. But say there are two of us out there with snipes, say one at $190 and one at $200. Now it is coming up on the end at that $25. Because of that other snipe bid it is going to jump to that $200 value. If on the other hand we had been slugging it out back and forth one of us might have gotten cold feet and dropped out early. The snipe bid means that we have to commit to the maximum amount and can't have second thoughts. They can't change the lsting, but they can always add additional information to the listing.[/QUOTE]
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